Tyrone, ND Economy


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Tyrone, ND is a small town located near Fargo. Despite its size, Tyrone offers its residents a variety of amenities, including great shopping, dining options, and recreational activities. Companies in Tyrone include the local grocery store, pharmacy, hardware store, and several small businesses. The cost of living in Tyrone is significantly lower than the US average; according to data from Numbeo, rent for 2-bedroom apartments is nearly half that of the U.S., while groceries are 1% cheaper than average. Families looking to move to a smaller community may find Tyrone an ideal place to settle down.

Tyrone has an unemployment rate of 9.0%. The US average is 6.0%.

Tyrone has seen the job market decrease by -14.6% over the last year. Future job growth over the next ten years is predicted to be 1.3%, which is lower than the US average of 33.5%.

Tax Rates for Tyrone
- The Sales Tax Rate for Tyrone is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Tyrone is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Tyrone
- The average income of a Tyrone resident is $32,554 a year. The US average is $37,638 a year.
- The Median household income of a Tyrone resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTyrone, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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